HC Wainwright reaffirmed their buy rating on shares of Endeavour Silver Corporation (NYSE:EXK) (TSE:EDR) in a research note released on Wednesday morning. They currently have a $6.00 target price on the mining company’s stock.

Several other research analysts have also recently issued reports on the stock. Canaccord Genuity assumed coverage on shares of Endeavour Silver Corporation in a report on Thursday, September 7th. They issued a hold rating on the stock. BidaskClub cut shares of Endeavour Silver Corporation from a sell rating to a strong sell rating in a report on Tuesday, August 8th. Noble Financial restated a buy rating on shares of Endeavour Silver Corporation in a report on Friday, August 4th. Zacks Investment Research cut shares of Endeavour Silver Corporation from a strong-buy rating to a hold rating in a report on Tuesday, July 18th. Finally, ValuEngine cut shares of Endeavour Silver Corporation from a hold rating to a sell rating in a report on Friday, June 16th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $5.25.

Shares of Endeavour Silver Corporation (NYSE:EXK) traded down 1.56% on Wednesday, hitting $2.53. 607,870 shares of the stock were exchanged. Endeavour Silver Corporation has a 52-week low of $2.08 and a 52-week high of $5.07. The company has a market cap of $322.46 million, a price-to-earnings ratio of 49.61 and a beta of -0.05. The company has a 50 day moving average of $2.46 and a 200 day moving average of $2.83.

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A number of hedge funds have recently made changes to their positions in EXK. UBS Group AG lifted its stake in Endeavour Silver Corporation by 16.0% in the first quarter. UBS Group AG now owns 742,981 shares of the mining company’s stock worth $2,363,000 after acquiring an additional 102,656 shares during the period. Renaissance Technologies LLC lifted its stake in Endeavour Silver Corporation by 0.5% in the first quarter. Renaissance Technologies LLC now owns 5,476,800 shares of the mining company’s stock worth $17,416,000 after acquiring an additional 29,500 shares during the period. Bank of Montreal Can lifted its stake in Endeavour Silver Corporation by 1,730.2% in the second quarter. Bank of Montreal Can now owns 2,058,260 shares of the mining company’s stock worth $6,278,000 after acquiring an additional 1,945,800 shares during the period. Sprott Inc. lifted its stake in Endeavour Silver Corporation by 38.5% in the second quarter. Sprott Inc. now owns 693,316 shares of the mining company’s stock worth $2,115,000 after acquiring an additional 192,557 shares during the period. Finally, Pacad Investment Ltd. lifted its stake in Endeavour Silver Corporation by 94.0% in the second quarter. Pacad Investment Ltd. now owns 74,090 shares of the mining company’s stock worth $226,000 after acquiring an additional 35,900 shares during the period. 25.09% of the stock is owned by institutional investors.

Endeavour Silver Corporation Company Profile

Endeavour Silver Corp. is engaged in silver mining in Mexico, and related activities, including property acquisition, exploration, development, mineral extraction, processing, refining and reclamation. The Company is engaged in exploration activities in Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.

Analyst Recommendations for Endeavour Silver Corporation (NYSE:EXK)

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